Ripple CEO Brad Garlinghouse said on Aug. 22 that the U.S. is “closer than ever” to establishing clear cryptocurrency rules following a week of regulatory meetings in Washington.
Summary
- Garlinghouse joined CFTC committee’s inaugural meeting on August 20 alongside leaders from finance and crypto.
- SEC and CFTC guidance established five token categories but did not create binding federal legislation.
- CLARITY Act faces September 15 cloture vote, requiring 60 senators to advance toward floor consideration.
- Ripple’s SEC cross-appeals were dismissed, leaving $125 million penalty and injunction in force under judgment.
Garlinghouse made the assessment after…
